FTAI Aviation Ltd. (NASDAQ:FTAI) is among the 8 Aerospace and Defense Stocks with the Largest 5Y Share Price Returns.
The company’s share price has gained 838% during the period
Stock market data. Photo by Burak The Weekender on Pexels Wall Street also has a bullish outlook on the company with a Strong Buy rating based on the recommendations from 5 analysts. Moreover, the stock has an average share price upside potential of 33% as of the close on June 29.
FTAI Aviation Ltd. (NASDAQ:FTAI) reported Aerospace Products revenue of $743.8 million for the first quarter, growing 104% year-to-date, while adjusted EBITDA in this space came in at $222.6 million, up 70% from the prior year’s period. Moreover, the company announced it would raise its quarterly dividend for the third successive quarter, from $0.40 to $0.45 per share, amid strong free cash flow generation. Institutional investors’ interest in the stock remains strong and steady.